Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes there is
I understand the V piece. It moves around between HZM and Vale.
But why two Arag numbers derived by identifying a north and south.
As far as I recall, Arag was two lines 14.5 * 2. Not South stage 1 & 2 for 29 ... and then also a north. It makes it sound like we have 3 mines rather than 2.
Wasa... is that an error in the slide?
Stage 1 & 2 29K
Stage 2 NORTH 32K
Plus V 46K
We've only every been approx 60k TTL up to now?
HZM Website has Canaccord at 5.39%. The TR1 opening position at +9%. I think it's a long time since Canaccord held 10%. Their recent selling isn't -5%, this work happened over a much longer period.
aka greenflash
295k for me holding into 2024.
So are we waking up to an RNS that says they've completed a BFS... and then we wait again for a funding RNS, OR, are they combining the two? Working on both now, keeping it all under wraps and will announce together.... in the foreseeable future?
I need help with the sequence of events here.
Is a PFS sufficient to secure funding? No drilling required (Dundas is a a scoop up and ship operation), and we know optimisation of the build and capex is taking place now. I don't think there is any expectation that we are 10 months away from funding. I was working on Sept / Oct, following Disko. I mean, they have had sufficient time and surely the ML approval and optimisation activities run concurrently?
Bonker I’m going on your side. Have been buying this week. I don’t understand the concept of a placing given Dundas is due in the coming weeks.
PS FUD ???
Placing? Are we saying we’ve got idiot directors buying ahead of a discounters placing? Stay focused…
Hi craiyieboy1,
I appreciate you’ve been around for sometime, as have I the background. So I appreciate your reply. I guess it comes down to a balance of sp and number of shares and expectations on day one of financing vs 6mths, 12mrhs etc...
Cornerstone will be priced as x. It would be tough to accept a public offer below cornerstone you’d think? But I guess it comes back to mcap expectations.
That I understand, my job as a PI is to gauge possible outcomes and risk. One has share count doubling, which I don’t like the sound of.
Evening...
Has anyone taken a look at the resent analyst docs? 4 have been posted in to the telegram group tonight.
I find the variability surprising and they generally all date within weeks of each other. No consensus on debt structure or number of shares to be issued... important stuff. I do think there was some smoke and mirrors around this (more so now) in JM webinar.
Thoughts?
*any
Apologies if I missed discussion on Wed or Thurs. I have a memory that leads me to believe the HZM Crux interview was Wed and is for release today... is any of this right? If so and news?
Its getting crowded....... please put me down for 10.5
Thinking of emailing the company and suggesting a name change form Horizonte to Verticale....
(ok, I stole that one!)